Mortgage repayments set to rise for three million households
Around three million households are set to see their mortgage payments rise in the next two years, according to the Bank of England’s latest Financial Stability Report.
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Consumer finance new business grew by 9% in April 2024
New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in April 2024 by 9% compared with the same month in 2023. In the first four months of 2024, new business in this market increased by 2% compared with the same period in 2023.
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British consumers most likely to demand instant decisions on loans
New research by CRIF has found that consumers in the UK are the most likely in Europe to demand near-immediate decision-making on services and product applications by banks, insurers and lenders.
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Second charge mortgage new business volumes grew by 32% in October 2024
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said:
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Second charge mortgage new business volumes grew by 16% in August 2024
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said:
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Half of adults have cut back spending on essentials
Half of adults have cut back spending on two or more essentials, including energy, water, broadband and car insurance, in the last year according to latest research by the Citizens Advice.
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Mortgage repayments set to rise for three million households
Around three million households are set to see their mortgage payments rise in the next two years, according to the Bank of England’s latest Financial Stability Report.
Read More
Consumer finance new business grew by 9% in April 2024
New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in April 2024 by 9% compared with the same month in 2023. In the first four months of 2024, new business in this market increased by 2% compared with the same period in 2023.
Read More
British consumers most likely to demand instant decisions on loans
New research by CRIF has found that consumers in the UK are the most likely in Europe to demand near-immediate decision-making on services and product applications by banks, insurers and lenders.
Read More
Second charge mortgage new business volumes grew by 32% in October 2024
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said:
Read More